Analysts Offer Insights on Industrial Goods Companies: Carlisle Companies (CSL) and Planet Labs PBC (PL)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Carlisle Companies (CSL) and Planet Labs PBC (PL).

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Carlisle Companies (CSL)

In a report released today, Ryan Merkel from William Blair maintained a Hold rating on Carlisle Companies. The company’s shares closed last Wednesday at $344.07, close to its 52-week low of $321.93.

According to TipRanks.com, Merkel is a 4-star analyst with an average return of 4.8% and a 54.1% success rate. Merkel covers the Industrial Goods sector, focusing on stocks such as Madison Air Solutions Corp. Class A, Proficient Auto Logistics, Inc., and Global Industrial Company. ;'>

Carlisle Companies has an analyst consensus of Moderate Buy, with a price target consensus of $413.00, a 22.7% upside from current levels. In a report issued on June 30, Truist Financial also maintained a Hold rating on the stock.

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Planet Labs PBC (PL)

Northland Securities analyst Michael Latimore maintained a Buy rating on Planet Labs PBC today and set a price target of $50.00. The company’s shares closed last Wednesday at $24.70.

According to TipRanks.com, Latimore is a 4-star analyst with an average return of 7.3% and a 33.9% success rate. Latimore covers the Technology sector, focusing on stocks such as Gorilla Technology Group Inc., SoundHound AI, Inc Class A, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Planet Labs PBC with a $43.88 average price target, implying a 71.9% upside from current levels. In a report issued on June 30, Wedbush also maintained a Buy rating on the stock with a $50.00 price target.

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• Owens Corning price target raised to $168 from $141 at BofA
• Carlisle price target lowered to $340 from $360 at Truist
• Owens Corning upgraded to Outperform from In Line at Evercore ISI
• Owens Corning jumps 5% to $141.90 after WSJ report of Carlisle offers
• Carlisle offered to buy Owens Corning at significant premium, WSJ says